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World Organisations and Diversities Test 21

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World Organisations and Diversities Test 21
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Weekly Quiz Competition
  • Question 1
    1 / -0
    Consider the following statements:
    1. East Asia Summit (EAS) was formed in 2005 with ASEAN in a leadership position.
    2. The first EAS summit was held in Kuala Lumpur, Malaysia.
    Which of the statements given above is/are correct?
    Solution
    The East Asia Summit is a forum held annually by leaders of, initially, 16 countries in the East Asian, Southeast Asian and South Asian regions. Membership expanded to 18 countries including the United States and Russia at the Sixth EAS in 2011. The first summit was held in Kuala Lumpur, Malaysia on 14 December 2005. EAS was formed with ASEAN in the leadership position.
  • Question 2
    1 / -0
    With regard to APEC, choose the correct statement.
    Solution
    Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; to defuse fears that highly industrialised Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe. APEC has three official observers: the Association of Southeast Asian Nations Secretariat, the Pacific Economic Cooperation Council and the Pacific Islands Forum Secretariat. India is not a member of APEC.
  • Question 3
    1 / -0
    Consider the following statements relating to the World Trade Organisations. 
    1. The WTO deals with the global rules of trade between nations.
    2. The goal of the WTO is to help producers of goods and services, exporters and importers to conduct their business.
    3. The WTO, which is a successor body of the General Agreement on Tariffs and Trade came into being following the Uruguay Round of Negotiations.
    4. The WTO distances itself from framing rules on trade in intellectual property rights.
    Which of the statements given above are correct?
    Solution
    The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The goal is to help producers of goods and services, exporters, and importers conduct their business. It is the largest international economic organization in the world. The WTO deals with regulation of trade in goods, services and intellectual property between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which are signed by representatives of member governments and ratified by their Parliaments. Most of the issues that the WTO focuses on are derived from previous trade negotiations, especially from the Uruguay Round (1986–1994).
  • Question 4
    1 / -0
    Consider the following statements.
    1. India is a member of the Asia Pacific Economic Co-operation (APEC) Forum.
    2. Russia is a member of North Atlantic Treaty Organisation (NATO).
    Which of the statements given above is/are correct?
    Solution
    Asia-Pacific Economic Cooperation is a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. India is not a part of the APEC. The North Atlantic Treaty Organization, also called the North Atlantic Alliance, is an intergovernmental military alliance between several North American and European states based on the North Atlantic Treaty that was signed on 4 April 1949. Russia is not a member of the NATO.
  • Question 5
    1 / -0
    Consider the following statements.
    1. The European Central Bank (ECB) is the institution of the European Union (EU) tasked with administrating the monetary policy of the EU member states.
    2. The bank was established by the Treaty of Amsterdam in 1998 and is headquartered in Berlin.
    Which of the statements given above is/are correct?
    Solution
    The European Central Bank is the central bank for the Euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. The Treaty of Amsterdam established the bank in 1998, and it is headquartered in Frankfurt, Germany.
  • Question 6
    1 / -0
    The TEAM-9 initiative is a techno-economic cooperation venture between India and eight countries of _______.
    Solution
    In a bid to expand its economic reach, India launched an initiative in 2004 called Techno-Economic Approach for Africa–India Movement (TEAM–9), together with eight energy and resource-rich West African countries viz. Burkina Faso, Chad, Cote D’Ivoire, Equatorial Guinea, Ghana, Guinea Bissau, Mali, Senegal, and India. 
  • Question 7
    1 / -0
    The creation of European Union was with the signing of ________.
    Solution
    The Treaties of the European Union are a set of international treaties between the European Union (EU) member states which sets out the EU's constitutional basis. Two core functional treaties, the Treaty on European Union (originally signed in Maastricht in 1992) also called as the Maastricht Treaty and the Treaty on the Functioning of the European Union (originally signed in Rome in 1957 as the Treaty establishing the European Economic Community), lay out how the EU operates, and there are a number of satellite treaties which are interconnected with them. The treaties have been repeatedly amended by other treaties over the 65 years since they were first signed. The consolidated version of the two core treaties is regularly published by the European Commission.
  • Question 8
    1 / -0
    Which one among the following is not a Millennium Development Goal of the United Nations?
    Solution
    The Millennium Development Goals (MDGs) were the eight international development goals for the year 2015. It had been established following the Millennium Summit of the United Nations in 2000, following the adoption of the United Nations Millennium Declaration. All 191 United Nations member states at that time, and at least 22 international organizations, committed to help achieve the following Millennium Development Goals by 2015:
    1) To eradicate extreme poverty and hunger
    2) To achieve universal primary education
    3) To promote gender equality and empower women
    4) To reduce child mortality
    5) To improve maternal health
    6) To combat HIV/AIDS, malaria, and other diseases
    7) To ensure environmental sustainability.
    8) To develop a global partnership for development.
  • Question 9
    1 / -0
    Human Poverty Index (HPI) developed by UNDP is based on which of the following deprivations?
    1. Income deprivation
    2. Literacy deprivation
    3. Social services deprivation
    4. Employment deprivation
    Select the correct answer using the codes given below.
    Solution
    • HPI was first reported as part of the Human Development Report in 1997 by United Nations.
    • Human Poverty Index - It indicates the standard of living in a country which considers three key derivations income, literacy and social services .
    • Literacy deprivation - Includes adults who are illiterate with emphasis on girls.
    • Income deprivation - Includes people without access to health services and safe water. 
    • Social services deprivation - The effort to enhance social functioning and overall well-being got deprived.
  • Question 10
    1 / -0
    1. United Nations Convention on the Law of the Sea resulted from the third United Nations Conference on the Law of the Sea (UNCLOS III).
    2. The Law of the Sea Convention defines the rights and responsibilities of nations in their use of the worlds oceans, establishing guidelines for businesses, the environment and the management of marine natural resources. 
    3. UNCLOS came into force in 1994.
    Select the correct statement(s) from the following codes.
    Solution
    The United Nations Convention on the Law of the Sea lays down a comprehensive regime of law and order in the world's oceans and seas establishing rules governing all uses of the oceans and their resources. United Nations Convention on the Law of the Sea- resulted from the third United Nations Conference on the Law of the Sea (UNCLOS III). UNCLOS came into force in 1994.
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